Discriminating monopoly is possible if two markets have :

Price discrimination is not possible :

A monopoly producer usually earns ______ even in the long run

The degree of monopoly power is measured in terms of difference between

The demand curve facing an industrial firm under monopoly is a/an –

By imperfect monopoly, we mean

A perfectly competitive firm has control over

Long-run normal prices is that which is likely to prevail

Which of the following influences most the price level in the very short-run period?

Under the perfect competition a firm will be in Equilibrium when :